Perpetuals.com Ltd has signed a services agreement with Younet AI to license an on-premises artificial intelligence system designed for use by hedge funds, proprietary trading firms, and digital asset managers, according to a report by Investing.com.
Goldman Sachs delivered first-quarter earnings ahead of expectations, driven by strong performance in equities trading and investment banking, although weaker results in fixed income, currencies and commodities (FICC) weighed on the stock, according to a report by Reuters.
Digital asset investment products saw $1.1bn of inflows last week, the strongest since January, driven by improved, lower-than-expected CPI and easing geopolitics, according to the latest Digital Asset Fund Flows Weekly Report from CoinShares.
Hedge funds increased bullish equity positioning last week as investors moved to position for a potential de-escalation in US–Iran tensions ahead of weekend geopolitical developments, according to a report by Reuters citing client data from Goldman Sachs.
Balyasny Asset Management has recruited Trung Nguyen a portfolio manager at Brevan Howard as it continues to scale its presence in Asia, underscoring the multi-strategy firm’s growing commitment to the region, according to a report by eFinancial Careers
Bill Ackman has begun the roadshow for the initial public offerings of Pershing Square Capital Management and a new listed investment vehicle, pressing ahead with the launch despite heightened geopolitical uncertainty and volatile market conditions, according to a report by
Dan Sundheim’s D1 Capital Partners reported a difficult March, with its equities portfolio declining approximately 6%, placing the firm among the weaker-performing stock-focused hedge funds during the month, according to a report by Bloomberg citing unnamed sources familiar with the
Alua Capital Management is shutting down its roughly $2bn hedge fund, bringing an end to a high-profile launch backed by strong pedigree but ultimately falling short on performance, according to a report by Bloomberg.
Allocator interest in commodity hedge funds has nearly doubled over the last two quarters. Luke Sadrian, who launched the Fulcrum Commodities Fund six months ago, thinks the market is still underestimating how much has changed – and why the opportunity
Hedgeweek®’s head of content and research Manas Singh breaks down what actually happened last quarter and what it means for the allocator thesis on hedge funds going into Q2.
